Coloma charter, MI Cost of Living


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How much do I need to live in Coloma charter, Michigan?
$3,780 / month
for a family, 30.0% less expensive than the national average A total of $45,360 for the year for a family.
$2,467 / month
for a single person, 48.2% less expensive than the national average A total of $29,600 for the year for a single person.

Coloma charter cost of living score
88.1
Less expensive
11.9% lower
than the US average
3.7% lower
than the Michigan average
Coloma charter, Michigan gets a BestPlaces Cost of Living score of 88.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% lower than the U.S. average and 3.7% higher than the average for Michigan.

Coloma charter, MI

Housing costs in Coloma charter?
A typical home costs $237,400, which is 29.8% less expensive than the national average of $338,100 and 8.6% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Coloma charter costs $970 per month, which is 32.2% more than the national average of $1,430 and 13.4% more than the state average of $1,100.

Can I afford Coloma charter?
To live comfortably in Coloma charter, Michigan, a minimum annual income of $45,360 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Coloma charter?
The cost of living in Coloma Charter Township, MI is quite affordable compared to many other areas in the state. The median home price is just under $200,000 which is considerably lower than the statewide median. In addition, the overall cost of goods and services is also more reasonable than most other areas. There are also some great deals to be found when it comes to eating out or getting a drink; the prices tend to be well below the national average. Despite being a relatively small community, there are still plenty of different options available for shopping and dining.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesColoma charterMichiganUnited States
    Unlock91.5100.0
  91.5  Unlock100.0
    Unlock84.8100.0
  46.2  Unlock100.0
    Unlock$218,700$338,100
  101.8  Unlock100.0
    Unlock115.1100.0
  93.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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